Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/156376 
Autor:innen: 
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
Munich Discussion Paper No. 2016-20
Verlag: 
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät, München
Zusammenfassung: 
Market interactions are brought about by the interplay of entitlements and obligations. Entitlements are rights, as perceived by the individuals. They are subjectively perceived rights that go along with a motivational disposition to defend them. Obligations are the counterparts of entitlements. They refer to claims of others that are subjectively accepted, and go along with a motivational disposition to respect these claims. Very simple transactions must rely on a system of entitlements and obligations. Simple selfishness would not be sufficient to bring them about or sustain them. This is especially true for nonenforceable contracts. The relationship of entitlements and obligations to norms is also discussed.
Schlagwörter: 
entitlements
obligations
contracting
norms
behavioral economics
self-enforcing contracts non-enforcable contracts
norms
moralistic aggression
JEL: 
A12
D01
D03
D86
K11
K12
L14
P14
P48
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
405.39 kB





Publikationen in EconStor sind urheberrechtlich geschützt.